The feeding systems market is projected to reach USD 1,474.1 Million by 2023, at a CAGR of 8.34% between 2017 and 2023. The base year considered for this study is 2016, and the market forecast is provided for the period between 2017 and 2023.

The main objectives of this study are as follows:

To define, analyze, and forecast the feeding systems market on the basis of offering, application, system type, and region

To forecast the market size, in terms of value, for various segments with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

To provide detailed information regarding the major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the feeding systems market

The size of the feeding systems market has been estimated using both, top-down and bottom-up approaches. These approaches have been used to estimate and validate the size of the feeding systems market as well as to estimate the size of various other dependent submarkets. The key players in the market have been identified through the secondary research, and their regional market shares have been determined through the primary and secondary research. This research study has incorporated the extensive usage of secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for this technical, market-oriented, and commercial analysis of the feeding systems market. This entire research methodology includes the study of the annual and financial reports of the top market players as well as interviews with industry experts, such as chief executive officers (CEOs), vice presidents, directors, and marketing executives for the key qualitative and quantitative insights on the feeding systems market.

In the process of determining and verifying the markets of several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key opinion leaders. The breakup of the profiles of primary participants has been given in the chart below:

The report also describes market dynamics, such as the drivers, restraints, opportunities, and challenges impacting the growth of the feeding systems market during the forecast period. Apart from the in-depth view on the market segmentation, the report also includes the critical market data and qualitative information for each type, along with the qualitative analysis, such as value chain analysis, market share analysis, and market breakdown analysis. The report targets the technology providers, software providers, system integrators, and end-use industries of the feeding systems market.

Target Audience:

Technology Providers of Feeding Systems

Technical Universities

Government Research Agencies and Private Research Organizations

Research Institutes and Organizations

Component Suppliers

Manufacturers of Semiconductor Components and Devices

Original Equipment Manufacturers (OEMs)

Feeding Equipment Manufacturers

Suppliers and Distributors of Feeding System Components and Devices

Software, Service, and Technology Providers

Standardization and Testing Firms

Government Bodies (Regulatory Authorities and Policymakers)

Livestock Research and Consulting Firms

Manufacturers of Dairy Farm Equipment

Scope of the Report:

The feeding systems market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The feeding systems market has been segmented as follows:

Figure 1 Feeding Systems Market SegmentationFigure 2 Feeding Systems Market: Research DesignFigure 3 Market Size Estimation Methodology: Bottom-Up ApproachFigure 4 Market Size Estimation Methodology: Top-Down ApproachFigure 5 Market Breakdown & Data TriangulationFigure 6 Feeding Systems Market Size, 20142023 (USD Million)Figure 7 Services Segment of the Feeding Systems Market Expected to Grow at the Highest CAGR Between 2017 and 2023Figure 8 Self-Propelled Feeding Systems to Witness the Highest CAGR Between 2017 and 2023Figure 9 Dairy Farm Application to Lead the Feeding Systems Market During the Forecast PeriodFigure 10 North America Expected to Hold Largest Share of the Feeding Systems Market in 2017Figure 11 APAC Expected to Register the Highest CAGR in the Feeding Systems Market During the Forecast PeriodFigure 12 North America to Dominate the Feeding Systems Market in 2017Figure 13 Dairy Farm Application to Hold the Largest Size of the Feeding Systems Market During the Forecast PeriodFigure 14 US Expected to Hold Largest Share of the Feeding Systems Market in 2017Figure 15 Growing Size of Dairy Farms Expected to Fuel the Demand for Feeding SystemsFigure 16 Number of Cattle, By Region, 20142023Figure 17 Value Chain Analysis: Maximum Value Added During the Manufacturing StageFigure 18 Feeding Systems Market, By OfferingFigure 19 Feeding Systems Market for Services Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 20 Feeding Systems Market for Hardware in North America Held the Largest Market Share in 2016Figure 21 Feeding Systems Market for Automation and Control Devices in APAC Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 22 Feeding Systems Market for Sensors Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 23 Types of SoftwareFigure 24 Feeding Systems Market for Software in APAC Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 25 Types of ServicesFigure 26 Feeding Systems Market for Connectivity Services Expected to Grow at the Highest CAGR Between 2017 and 2023Figure 27 Feeding Systems Market for Connectivity Services in APAC Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 28 Feeding Systems Market Segmentation: By System TypeFigure 29 Self-Propelled Feeding System Expected to Grow at the Highest Rate During the Forecast PeriodFigure 30 Market for Rail-Guided Feeding Systems in APAC Expected to Grow at the Highest CAGR Between 2017 and 2023Figure 31 North America Held the Largest Market Size for Conveyor Belt Feeding System Market in 2017Figure 32 Market for Self-Propelled Feeding Systems in APAC Expected to Witness the Highest CAGR During the Forecast PeriodFigure 33 Feeding Systems Market Segmentation, By ApplicationFigure 34 Feeding Systems Market for Swine Farm Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 35 Feeding Systems Market for Dairy Farm in APAC is Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 36 Feeding Systems Market for Poultry Farm in APAC Expected to Grow at the Highest CAGR During the Forecast PeriodFigure 37 Feeding Systems Market for Swine Farm in North America Held the Largest Market Size in 2017Figure 38 Feeding Systems Market for Equine Farm in North America Held the Largest Market Size in 2017Figure 39 Feeding Systems Market, By GeographyFigure 40 Feeding Systems Market, Geographic Snapshot, 2016Figure 41 Feeding Systems Market Segmentation: North AmericaFigure 42 Overview of Feeding Systems Market in North AmericaFigure 43 Feeding Systems Market Segmentation: EuropeFigure 44 Overview of the Feeding Systems Market in EuropeFigure 45 Feeding Systems Market Segmentation: APACFigure 46 Overview of Feeding Systems Market in APACFigure 47 Feeding Systems Market in Rest of the WorldFigure 48 Key Growth Strategies Adopted By the Top Companies Between 2014 and 2016Figure 49 Feeding Systems Market (Global) Competitive Leadership Mapping, 2017Figure 50 Geographic Revenue Mix of Top Five Market PlayersFigure 51 Delaval Holding Ab: Company SnapshotFigure 52 GEA Group AG: Company Snapshot

The feeding systems market is projected to grow from USD 911.6 Million in 2017 to USD 1,474.1 Million by 2023, at a CAGR of 8.34% between 2017 and 2023. Growing size of dairy farms across the globe, increasing focus of major companies on technological advancements in the feeding management along with new product launches, and substantial cost savings associated with the adoption of feeding systems are the factors expected to fuel the growth of the feeding systems market during the forecast period.

The report has segmented the feeding systems market on the basis of offering, application, system type, and region. On the basis of the offering, the feeding systems market has been classified into hardware, software, and service. Several factors, such as standardization of hardware and software systems, enhanced performance of these hardware and software systems, and reduced time and cost associated with feeding management are encouraging the livestock owners to adopt different types of feeding systems. The hardware offering segment is projected to lead the feeding systems market during the forecast period.

On the basis of the application, the feeding systems market has been classified into dairy farm, poultry farm, swine farm, and equine farm. The swine farm application segment of the feeding systems market is projected to grow at the highest CAGR during the forecast period. The high growth of this application segment can be attributed due to the increasing adoption of automated feeding systems such as such as liquid feeding systems and dry feeding systems on swine farms for feeding livestock.

Based on the system type, the feeding systems market has been classified into rail guided system, conveyor belt system, and self-propelled system. Manual feeding of livestock is very costly and time-consuming process due to large-scale labor involvement in it. Hardware and software feeding solutions enable automatic identification of livestock and data capturing, which result in accurate and quick tracking of livestock and their feeding.

On the basis of region, the feeding systems market has been divided into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The North American region is expected to lead the feeding systems market during the forecast period. The Asia Pacific feeding systems market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific feeding systems market is driven by various factors, such as technological advancements in the feeding management and increasing adoption of feeding systems based on new technologies in the Asia Pacific region.

The major restraint for the growth of the feeding systems market includes the dearth of trained professionals to handle various types feeding systems and high upfront cost involved in the installation of automated feeding systems. Presently, there is a lack of trained professionals in the livestock industry. According to the United States Department of Labor (USDA), employment of dairy farm workers is projected to decrease by 6% from 2014 to 2024. According to a report by the Department of Animal Husbandry & Dairying, Government of India, only 34,500 veterinarians were employed for field services in 2014 against the requirement of 67,000 veterinarians.

DeLaval Holding AB (Sweden) is one of the leading firms in the feeding systems market, owing to its wide product portfolio and significant geographical presence. It offers efficient smart feeding systems and solutions. The products and allied software offered by the company have good acceptance in the feeding systems market. The company has established good industry relations across the dairy farming value chain, which can be leveraged by the company to tackle competition from various established and emerging players in the market. The company has adopted the strategies of partnerships, alliances, and new product developments to strengthen its position in the feeding systems market.

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